Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5491 Adams St Mounds View, MN 55112

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $775,000

    Retail property with four tenants and recent renovations for sale.

    Property size:
    7,091 SF
    Lot size:
    0.43 Acres

    Property Features for 5491 Adams St

    General Information

    Size
    7,091 SF
    Lot size
    0.43 Acres

    Source: Greatland Real Estate Services LLC Agent Andrei Bortnov

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Retail Investment Property

    This retail property features a main building of 5,891 square feet and an additional garage building of 1,200 square feet, totaling 7,091 square feet. The property is currently 100% occupied by four tenants: a parts store, a grocer, a salon, and a storage facility. The gross income is $105,870, with three of the four tenants on net leases. Estimated expenses for 2024 are $30,837. Renovations completed in 2022 included updates to the roof, parking lot, HVAC system, plumbing, electrical systems, flooring, and fixtures. The property is zoned B-2. One of the current tenants is able to relocate, which allows for a new business to come in.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mounds View
    County
    Ramsey
    State
    Minnesota
    Longitude
    -93.1975312
    Latitude
    45.1072907

    Nearby Similar for Sale

    • $232,000
      971 SF

      Charming Townhome with Lake Views

      Single-level townhome in Mounds View with updated features and lake views.
      2672 Lake Court Dr, Mounds View, MN 55112
      View Details
    • Contact for pricing
      133,136 SF

      Mounds View Office/Warehouse Building

      133,136 SF office, tech, and warehouse building for sale.
      2205 Woodale Dr, Mounds View, MN 55112
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail property with four tenants and recent renovations for sale.
    Where is this strip mall located?
    The property is located at 5491 Adams St Mounds View, MN.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - 100% Occupied: Enjoy immediate rental income with this fully leased property.; - Strong Income Generation: Benefit from a gross income of $105,870 with net leases for most tenants.; - Recent Renovations: Significant updates completed in 2022, including roof, parking lot, HVAC, plumbing, electrical, flooring, and fixtures.
    (612) 702-6867
    Request Owner's contact information
    5491 Adams St Mounds View, MN 55112
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5491 Adams St
    Mounds View, MN 55112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5491 Adams St Mounds View, MN 55112
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.